£468,845
This estimated value is based upon the latest sale price for the house of £381,000 on 16 Aug 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Gunn Close
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Churchgate Lakes, Rectory Lane, Battlesbridge, SS11 7QR
Phone: 01245378721
| Price Paid | Date |
|---|---|
| £381,000 | 16 Aug 2019 |
| £337,500 | 27 Jun 2016 |
| £282,500 | 22 Oct 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 sq feet |
This model uses changes in the Official Land Registry House Price Index for ESSEX to estimate the market value.
When this house was purchased in August 2019 the House Price Index for ESSEX was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £381,000 results in an estimated price of approximately £468,845.
| 16 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £381,000 | £87,845 | £468,845 |
The Postcode Pricing Model uses changes in average sales price within the SS6 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 4.185 % | £15,944 | £396,944 |
| 3 Month Average | -11.128 % | £-42,397 | £338,602 |
| 6 Month Average | 9.550 % | £36,386 | £417,386 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £253,238 | £250,000 | 223 LONDON ROAD |
| 2 Jun 2023 | £374,537 | £370,000 | 116 LOUIS DRIVE WEST |
| 2 Feb 2023 | £374,748 | £375,000 | 101 LOUIS DRIVE WEST |
| 29 Jul 2022 | £561,512 | £560,000 | 5 LEONARD DRIVE |
| 27 May 2022 | £214,033 | £210,000 | 225 LONDON ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 2 Dec 2010. Using an estimated price of £468,845 means this house is valued at £5,039 per sq meter (£468 per sq foot).
The average size of a house on GUNN CLOSE is 128 sq meters (1,380 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gunn Close |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Gunn Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Gunn Close |
| Dec 2023 | Criminal damage and arson | Action to be taken by another organisation | On or near Gunn Close |
| Feb 2024 | Public order | Under investigation | On or near Claremont Crescent |